AFN NEWS
Thursday, November 5, 2020
1) From ABC News, I’m Daria
Albinger. Your voice, your vote. Almost 24 hours after the first polls
closed in the 2020 election. ABC News is projecting Democratic presidential
nominee Joe Biden will win Michigan. Former Vice President speaking to
supporters not too long ago. “And now, after a long night of counting, it’s
clear that we’re winning enough states to reach 270 electoral votes needed to
win the presidency.” Biden is also ahead in Wisconsin. ABC’s Alex Perez says
the Trump campaign has requested recount. “The margin here is so small only
about half a percent. That means it does in fact qualify for a recount that the
Trump campaign has made. It’s clear that that is what they are going to ask
for.” The President campaign filing suit in Michigan. “Trump campaign manager Bill
Stepien in a statement writing quote, ‘President Trump campaign has
not been provided with meaningful access to numerous counting locations to
observe the opening of ballots and the counting process as guaranteed by Michigan
law, adding that the campaign has filed suit to halt counting until access is
granted, also demanding a review of ballots that were already opened and
counted. Lionel Moise, ABC News.”
2) The Trump campaign is also declaring victory in
Pennsylvania. That’s even though they’re still counting ballots in the Keystone
State. “The votes totalized gone up to about 82%. Joe Biden continues to chip
away just a little bit, and Donald Trump’s lead now turned to about 6.5 or 7% and
every time a new chunk of votes is released. That lead seems to dwindle about
20 or 30,000 votes, though President Trump is still winning by a nose of
400,000 votes right now.” ABC’s Trevor
Ault in Harrisburg, Pennsylvania.
3) Democrats will continue to control the House but
Republicans have picked up at least 7 seats. Senate’s still on play.
Republicans will hold on to one more seat though, Maine’s Susan Collins.
You’re listening to ABC News.
……………………………………………………………..
I’m Connell McShane. This is the Fox Business Report.
Even though the presidential race still remains
undecided, investors are in a buy mood today. Stocks closing higher for the
third straight session. Among the gainers today, big tech, healthcare companies
while financials and industrials are lagging. The Dow winners; Microsoft and
Salesforce. The decliners; Caterpillar, JPMorgan Chase and 3M. Take a look at Wall
Street by the numbers. The Dow up 370, the Nasdaq up 430 points, the S&P 500
closed up 74. // And a good day on Wall Street for ride-sharing companies. Shares
of Uber Lyft surging up as the California voters widely approved Proposition
22. That’s the measure that allows gig economy companies to continue to classify
drivers as contractors rather than employees. // And Hattrick Sports betting
company; shares of DraftKings and Penn Gaming jumping after
voters in Maryland, Louisiana and South Dakota all passed for betting ballot
measures.
That’s your Fox Business Report. I’m Tom Graham,
invested in you.
